Ornet Transformers Private Limited
About Ornet Transformers Private Limited
Data last updated:
Ornet Transformers Private Limited is a private limited company based in Kadi, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 September 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27102GJ2023PTC145020. Its GSTIN is 24AAECO1856D1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vivek Lalitkumar Jain and Prakashchand Munnalal Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kadi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹421.28 Cr. For the same year it recorded a net profit of ₹68.82 Cr (net margin 16.3%) and EBITDA of ₹98.72 Cr (EBITDA margin 23.4%).
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹139.17 Cr and satisfied charges of ₹18.11 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2024.
Company details
Contact details
Ornet Transformers Private Limited's registered office is in Kadi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 82/1/B & 82/2, Nr. Medha Chowkdi Village Medha Thol Kalyanpura Highway, Kadi, Gujarat, India – 382165
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ornet Transformers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Ornet Transformers Private Limited
FY 2024 filings availableOrnet Transformers Private Limited reported revenue of ₹421.28 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | ₹98.72 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹68.82 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Inventories | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.4% | |
| Net Profit Margin | 16.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of Ornet Transformers Private Limited, buy the company report.
Board of directors of Ornet Transformers Private Limited
Ornet Transformers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Lalitkumar Jain Also directs: Ornet Intermediates Private Limited, Ornet Dry Type Transformers Private Limited, Ornet Tanks Private Limited and 3 more | Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Prakashchand Munnalal Jain Also directs: Ornet Dry Type Transformers Private Limited, Ornet Tanks Private Limited, Harvest Tradelink Private Limited and 1 more | Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Dinesh Jasraj Jain Also directs: Ahmedabad East Infrastructure LLP, Canaan Infraventures LLP, Taradye Organics LLP and 5 more | Director | 27 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Ornet Transformers Private Limited is audited by MUKESH M. SHAH & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M. SHAH & CO | FY 2025 | 106625W |
Shareholding
The shareholding of Ornet Transformers Private Limited is on record for 2 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ornet Transformers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101025335 | Others | ₹4.95 Cr | Open | |
| 18 Jul 2024 | 100948679 | Yes Bank Limited | ₹64.22 Cr | Open | |
| 01 Feb 2024 | 100863729 | Others | ₹50 Cr | Open | |
| 15 Mar 2023 | 100698282 | Icici Bank Limited | ₹20 Cr | Open | |
| 05 Sep 2018 | 100217363 | Union Bank of India Limited | ₹18.11 Cr | Satisfied |
To see the full charge records of Ornet Transformers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ornet Transformers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ornet Transformers Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (PWAPP LC) | Filed against the company by Tej Bahadur Arjunsinh ,Misc.Industries Majdur Sangh, | Disposed |
To see the full case history of Ornet Transformers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ornet Transformers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ornet Transformers has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ornet Tanks Private Limited | U77309GJ2024PTC147419 |
To see the full group structure of Ornet Transformers Private Limited, buy the company report.
GST
Ornet Transformers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECO1856D1ZQ | Gujarat | Active | 30 Dec 2023 |
To see the full GST registrations and return filing status of Ornet Transformers Private Limited, buy the company report.
Recent activity
Ornet Transformers Private Limited has 5 board changes on record since 2023: 3 appointments and 2 cessations. The latest: Jignesh Govindbhai Patel ceased to be Director on 25 Mar 2024.
5 earlier events are in the company report.
Frequently asked questions
Ornet Transformers is an active private limited company based in Kadi, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 September 2023 (3+ years old) and is registered under CIN U27102GJ2023PTC145020.
Ornet Transformers has 3 current directors:
- Vivek Lalitkumar Jain - Director
- Prakashchand Munnalal Jain - Director
- Dinesh Jasraj Jain - Director
The latest financial statements of Ornet Transformers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Ornet Transformers is 24AAECO1856D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ornet Transformers is U27102GJ2023PTC145020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ornet Transformers has 1 court case on record: 1 filed against it.
Ornet Transformers was incorporated on 27 September 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ornet Transformers has 1 deal on record (1 secondary share transfer); the latest was in March 2024.
Jignesh Govindbhai Patel ceased to be Director on 25 Mar 2024. Sharadkumar Govindlal Patel ceased to be Director on 25 Mar 2024. Dinesh Jasraj Jain was appointed as Director on 27 Sep 2023. Ornet Transformers has 5 board changes on record in total.
The registered office of Ornet Transformers is at Survey No. 821B & 822, Nr. Medha Chowkdi Village Medha Thol Kalyanpura Highway, Kadi, Gujarat, India – 382165.
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